FxWirePro- Woodies Pivot(Major) 
FxWirePro: EUR/AUD trends higher, but faces potential pitfalls 
FxWirePro: EUR/AUD uptrend loses steam, remains on bullish path 
FxWirePro: GBP/AUD dive post-CPI short-lived as traders prepare for BoE decision 
FxWirePro: GBP/USD recovers slightly from early decline ahead of Bank of England’s interest rate decision 
FxWirePro:USD/JPY neutral in the near-term, scope for downward resumption 
FxWirePro: EUR/NZD steadies ahead of ECB meeting 
FxWirePro: USD/ZAR extends losses as dollar drops after delayed U.S. data 
FxWirePro-Major European Indices 
FxWirePro: AUD/USD runs out of steam but maintains bullish outlook 
NZDJPY: Bearish Bias Persists — Sell Rallies Near 90 Targeting 88 
FxWirePro: GBP/NZD remains bullish as rally continues 
FxWirePro: USD/ZAR bears maintain upper hand 
AUDJPY: Bearish Setup Intact — Sell Rallies Near 103.30 Targeting 100 
FxWirePro: USD/CAD slides as U.S. dollar weakens after jobs data 
FxWirePro: EUR/NZD edges lower but bullish outlook persists 
- EUR/KRW is currently trading around 1,255 mark.
- Pair made intraday high at 1,256 and low at 1,252 levels.
- Intraday bias remains bullish till the time pair holds key support at 1,247 mark.
- A daily close below 1,247 will drag the parity down towards key supports around 1,242, 1,234, 1,225, 1,218, 1,207, 1,200, 1,194, 1,189, 1,178, 1,163 and 1,154 marks respectively.
- Alternatively, a sustained close above 1,256 will take the parity higher towards key resistances around 1,263, 1,274, 1,287 and 1,304 marks respectively.
- Important to note here that 20D, 30D and 55D EMA heads up and confirms the bullish trend in a daily chart.
- Seoul shares open up 0.35 pct at 2325.49.
- South Korea’s May BOK base rate stays flat at 1.25 % (forecast 1.25 %) vs previous 1.25 %.
We prefer to take long position in EUR/KRW only above 1,256, stop loss at 1,247 and target of 1,263/1,274/1,287.
